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20121205
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for blocking a bill to resolve the fiscal cliff crisis. as we move closer to a year end deadline where huge tax increases kick in and tax cuts kick in, they have not compromised to help reduce the deficit. latest senate version would prevent a tax height on the first $250,000 of earning. >> the americans will get a cut on the first $250,000 of their income and families everywhere would enjoy peace of find. the senate has done their part. we are waiting for republicans in the house to do the same thing but so far they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> republican florida senator marco rubio said tax increases will not reduce the nation's $16 trillion debt. >>> officials for the proposed sonoma rail transit project or smart train are looking to get $16.6 million in federal fund to go buy more train cars. today the press democrat reports money otherwise would be used for local pedestrian and bicycle paths. it is committed to go to cloversdale and larkspur but beyond that more rail cars would be needed to carry the load. the request is no
've heard of fiscal cliff. have you heard about the apple tax. u.s. households spent $444 on apple products last year up from $155 years ago. story from reuters calls it the apple tax. median american income over $50,000 a year, which means $444 is a big chunk to wind up in the cupertino coffers of apple. unlike other taxes this is voluntary. >>> one family's tragedy inspires another's goodwill. now the two are united in promoting organ donations. 18-year-old alfonso garcia was given days toly two years ago when his -- two years ago. the two families are honoring george by decorating and writing a quote in this year's tournament of roses parade. >> i hold them in such a high place he's my hero and will always be my hero. i do this for his parents. >> it makes me want to do more as i have climbed out of my grief. >> parade float feature the likeness of george becker and other organ donors to promote transplant programs throughout california. >>> uc berkeley stirs up new controversy can scholarship fun for undocumented students. -- fund for undocumented students. >>> hundreds of dead squid wa
that fiscal cliff. he spoke with boehner by phone again yesterday about preventing an income tax increase on middle class families while finding ways to reduce the deficit. economists say if the deadline passes without a deal the tax cuts could be repealed. new poll shows the president holding a substantial advantage over boehner handling the budget negotiations. 49% approve of mr. obama's handling of the talks, 25% support boehner. >>> 49ers fans who attend games at the new facility can expect a state-of-the-art stadium the team has announced a deal with sonny to pack the site with game-changing technology. fans will watch replays on l.e.d. monitors, 2500 throughout the facility offering resolution four times higher than standard hd, no need for a monitor in the back of every seat. you can use your cell phone to order food and have it delivered to your seat. >>> developer of two san francisco residental projects secured millions in funding to move forward. bloomberg is reporting one of the largest u.s. home builders has lined up 1.7 billion dollar loan from china development bank. plans
report. >>> dire warning about what would happen if the u.s. economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months before the bread brand wraps up again. >>> estimated 300 million dollar magic kingdom make overincludes pagers so and serving beer and wine themó?5to past five years. >>> abc7 is owned by disney. >>> big change that could be coming to storm warnings because of superstorm san >> dispute forcing bay area -- >>> welcome back. check out last three hours on live doppler, quiet radar returns over the ocean is the beam shooting into the clouds nothing is talling but moist with mist hanging in the -- nothing is falling but moist with the mist
. >>> the stalemate over the fiscal cliff-hanger is the topic this morning on abc's" this week." they discuss another week of talks but failed to reach a compromise in tax cuts. huge cuts and increases kick in the 1st of the year if they don't make a deal. don't nice at 8:00 this morning on abc7. right here right now is meteorologist lisa argen with a preview of the accuweather forecast. >> we do have a veil of some higher clouds out there. we are seeing less fog, as well. temperatures mainly in the 40s. we will talk about how much sun if we are going to see the warmup, how long it will last, that's straight ahead. >> and there's another ♪ [ female announcer ] nature exists on the grandest scale... ♪ ...and in the tiniest details. ♪ and sometimes both. nature valley granola thins pack the big taste of granola and dark chocolate into one perfect square, under 100 calories. nature valley granola thins. nature at its most delicious. >> welcome back, everyone. thanks for getting up early and watching the abc sunday morning news. here's a live look at the golden gate bridge. today on either side of
this morning over how to avoid the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over the embarcadero. not so heavy we can see the ferry building and the bay bridge enough that it is causing ponding on the embarcadero this morning that's what most of us are going to run into especially east bay highway 4 connects to 680 south of vine hill coming into concord pleasanton down to walnut creek latest update light to moderate rain especially overconcord and pleasant hill highway 4 bay point, pittsburg, antioch highway 4 commute which is usually treacherous any way is going to be wet. heavy rain starting towards san rafael, larkspur, mill valley, tiburon, sausalito and belvede
Search Results 0 to 5 of about 6